Charity registration number 07295048
CROSBY TOGETHER
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
CROSBY TOGETHER
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | M Whitehouse |
|---|---|
| J Brader | |
| Rev J Wearing | |
| S Whitehouse | |
| A Cook | |
| J M Tong | |
| P Lewis | |
| F Kirby-Smith | |
| P A Gravel | |
| Charity number | 07295048 |
| Independent examiner | Azets |
| Ruthlyn House | |
| 90 Lincoln Road | |
| Peterborough | |
| Cambridgeshire | |
| United Kingdom | |
| PE1 2SP |
CROSBY TOGETHER
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 14 |
CROSBY TOGETHER
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2022
The trustees present their annual report and financial statements for the year ended 31 March 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".
Objectives and activities
The charity's primary purpose is to further or benefit the residents of North Lincolnshire and in particular the Crosby area of Scunthorpe. Connecting residents, local authorities, voluntary and other organisations in an effort to advance education and to provide facilities in the interests of social welfare and life improvement. The charity operates a community centre and runs centre activities and there has been no change in these during the year.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance
2021 - 2022 has been another challenging year as we were still going through the privations and challengers raised by the Coronavirus pandemic. For much of the early parts of the year the Centre was still running very limited services mainly concerned with supporting the local community such as the Fresh Food project, which was providing significant food supplies to local people who had been severely impacted by the lockdowns and the knock-on effect of those on low incomes. Income for the Centre was also still being impacted due to the restrictions on large gatherings and the impact of social distancing.
As the year progressed, we had a gradual return of many of our regular bookings and after the summer we saw many of our clients back such as: The Polish Academy, Hebron Church, Street Dance. Early in the financial year, staff were brought back from the government furlough scheme as the levels of these booking built up. A major help to income was provided by the hire of the building by the local authority as a Covid testing centre and pop-up vaccine centre. Ad hoc bookings for social gatherings and community events were still not at pre pandemic levels as there were still social distancing restrictions in place making many gatherings not possible. We were able to host in September the Crosby International Day, though to make this safe the event was split between two venues, rather than just being at Crosby One. The event proved very popular though numbers were as expected down on previous years.
During this time, we became involved with the local authority in being part of a bid to the Government Community Regeneration Fund. The bid had to be put together in a great rush back in May but we put in for significant funding to provide increased staffing, enable Fresh Food to build and some possible funding for improvements to the building, specifically the heating system which is becoming increasingly inefficient and unreliable and to restart our ESOL offer. The haste in putting together the bid was we understood at the time we thought would start in August and monies had to be spent by the end of the 21-22 financial year. In the event the Government did not authorise the bid until late November 2021 and eventually allowed the money to be used up to the end of December 2022. We were very proud to be awarded this funding as we were one of eight projects selected by our local Council to go forward to the Government to be considered, and one of four from our local authority to be awarded the monies we bid for. This is a testimony to the team who put the bid in place.
The funding allowed initially for us to increase the Community Development Worker to four days a week and employ one full-time Operations Lead and four further part time workers. One as a Community Development assistant, two as Centre Assistants and an ESOL Lead. Initially all these roles were to finish in June 2022 but with Government extending the spend date, but not the funding we were able to keep two roles and the increase in time for the Community Development worker through until December 2022.
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CROSBY TOGETHER
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
The scheme became known as Crosby Transformations and was a partnership between Crosby Together, The Crosby Collective, Oatridge Coaching and New Life Church. Crosby Together as the largest part of the funding acted as the lead and all the funding was handled through our accounts with an initial 50% payment made during the 2021/22 Financial Year (the level of funding was £286k).
A huge thank you must go to Helen Armstrong our bookkeeper who also acted as Project Manager for the whole scheme, her hard work ensuring that the project started on the right foot at the end of the 2021/22 financial year and then into the following year was vital.
The redecorating of the Centre which has been an issue high on our list of priorities was eventually carried out thanks to work by our staff and by several hard-working volunteers and the kind from the Crown Community scheme. Improvements to the Wifi system in the building and the phones were also carried out and the outside courtyard shutters were completed improving the security and versatility of the courtyard started last year.
Although we are not out of the challenges thrown up by the pandemic, we feel that we are making head way though if we are to continue to meet the needs and demands of the local community and continue to improve the Centre, we are going to have to search for funding from wherever we are able to obtain it. There are still necessary improvements to the building and plant to carry out though we look to have the funding to improve the heating from the Transformation Funding which carried into 2022/23.
Financial review
The Trustees are pleased to report a significant improvements in our financial position this year and despite difficulties of COVID we continue to seek further opportunities to serve our community. In the longer term we are considering how we can meet the significant needs of our local area as the effect of the pandemic subsides.
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Structure, governance and management
The charity is a CIO which was registered on 26 August 2016.
The trustees who served during the year and up to the date of signature of the financial statements were: M Whitehouse
J Brader Rev J Wearing S Whitehouse A Cook J M Tong P Lewis F Kirby-Smith P A Gravel
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CROSBY TOGETHER
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
The trustees' report was approved by the Board of Trustees.
M Whitehouse Chair of Trustees
20 January 2023
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CROSBY TOGETHER
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CROSBY TOGETHER
I report to the trustees on my examination of the financial statements of Crosby Together (the charity) for the year ended 31 March 2022.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
-
4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
M A Jackson FCA DpCHA
Azets
Ruthlyn House 90 Lincoln Road Peterborough Cambridgeshire PE1 2SP United Kingdom
Dated: 20 January 2023
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CROSBY TOGETHER
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022
| Unrestricted Restricted funds funds 2022 2022 Notes £ £ Income from: Donations and legacies 3 1,620 143,963 Charitable activities 4 42,937 1,530 Investments 5 4 - Total income 44,561 145,493 Expenditure on: Charitable activities 6 56,245 34,717 Other 10 445 - Total expenditure 56,690 34,717 Gross transfers between funds - - Net (expenditure)/income for the year/ Net movement in funds (12,129) 110,776 Fund balances at 1 April 2021 316,324 4,285 Fund balances at 31 March 2022 304,195 115,061 |
Total Unrestricted Restricted funds funds 2022 2021 2021 £ £ £ 145,583 53,018 6,000 44,467 20,324 - 4 4 - 190,054 73,346 6,000 90,962 50,245 1,715 445 - - 91,407 50,245 1,715 - 2,105 (2,105) 98,647 25,206 2,180 320,609 291,118 2,105 419,256 316,324 4,285 |
Total 2021 £ 59,018 20,324 4 |
|---|---|---|
| 79,346 | ||
| 51,960 | ||
| - | ||
| 51,960 | ||
| - 27,386 293,223 |
||
| 320,609 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
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CROSBY TOGETHER
BALANCE SHEET
AS AT 31 MARCH 2022
| Notes Fixed assets Tangible assets 11 Current assets Stocks 12 Debtors 13 Cash at bank and in hand Creditors: amounts falling due within one year 14 Net current assets Total assets less current liabilities Income funds Restricted funds 15 Unrestricted funds |
2022 £ - 5,066 123,100 128,166 (3,052) |
£ 294,142 125,114 419,256 115,061 304,195 419,256 |
2021 £ 18 - 34,785 34,803 (516) |
£ 286,322 34,287 |
|---|---|---|---|---|
| 320,609 | ||||
| 4,285 316,324 |
||||
| 320,609 |
The financial statements were approved by the Trustees on 20 January 2023
M Whitehouse Trustee
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CROSBY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
1 Accounting policies
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's [governing document], the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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CROSBY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
1 Accounting policies
(Continued)
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
1.5 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Freehold land and buildings 2% straight line Plant and equipment 20% reducing balance Fixtures and fittings 10% straight line Computers 20% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.6 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.7 Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.
Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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CROSBY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
1 Accounting policies
(Continued)
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
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CROSBY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
3 Donations and legacies
| Unrestricted Restricted funds funds 2022 2022 £ £ Donations and gifts 905 - Grant income 715 143,963 1,620 143,963 Grants receivable for core activities General grants - - JRS scheme grant 715 - Fresh Food Project - 3,031 North Lincs Council - Transformation First - 140,932 715 143,963 |
Total Unrestricted Restricted funds funds 2022 2021 2021 £ £ £ 905 35,554 - 144,678 17,464 6,000 145,583 53,018 6,000 - 11,500 - 715 5,964 - 3,031 - 6,000 140,932 - - 144,678 17,464 6,000 |
Total 2021 £ 35,554 23,464 |
|---|---|---|
| 59,018 | ||
| 11,500 5,964 6,000 - |
||
| 23,464 |
4 Charitable activities
| Community | Community |
|
|---|---|---|
| education & | education & |
|
| facilities | facilities | |
| 2022 | 2021 | |
| £ | £ | |
| Rental income for education, wellbeing and faith | 43,935 | 20,239 |
| Coffee shop | 532 | 85 |
| 44,467 | 20,324 | |
| Analysis by fund | ||
| Unrestricted funds | 42,937 | 20,324 |
| Restricted funds | 1,530 | - |
| 44,467 | 20,324 |
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CROSBY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
5 Investments
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2022 | 2021 | |
| £ | £ | |
| Interest receivable | 4 | 4 |
| Charitable activities | ||
| Community | Community |
|
| education & | education & |
|
| facilities | facilities | |
| 2022 | 2021 | |
| £ | £ | |
| Staff costs | 29,750 | 14,645 |
| Depreciation and impairment | 9,883 | 8,713 |
| Events and cafe costs | 34,850 | 1,902 |
| 74,483 | 25,260 | |
| Share of support costs (see note 7) | 13,226 | 23,240 |
| Share of governance costs (see note 7) | 3,253 | 3,460 |
| 90,962 | 51,960 | |
| Analysis by fund | ||
| Unrestricted funds | 56,245 | 50,245 |
| Restricted funds | 34,717 | 1,715 |
| 90,962 | 51,960 |
6 Charitable activities
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CROSBY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
7 Support costs
| Support costs Governance costs £ £ Repairs & manitenance 1,228 - Utilities 4,724 - Insurance 1,951 - Cleaning 2,448 - Telephone & IT 2,554 - Other admin costs 321 - Accountancy fees - 3,253 13,226 3,253 Analysed between Charitable activities 13,226 3,253 |
2022Support costs Governance costs £ £ £ 1,228 8,832 - 4,724 6,904 - 1,951 1,836 - 2,448 2,361 - 2,554 935 - 321 2,372 - 3,253 - 3,460 16,479 23,240 3,460 16,479 23,240 3,460 |
2021 £ 8,832 6,904 1,836 2,361 935 2,372 3,460 |
|---|---|---|
| 26,700 | ||
| 26,700 |
8 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
9 Employees
The average monthly number of employees during the year was:
| 2022 | 2021 | |
|---|---|---|
| Number | Number | |
| 3 | 2 | |
| Employment costs | 2022 | 2021 |
| £ | £ | |
| Wages and salaries | 29,750 | 14,645 |
There were no employees whose annual remuneration was more than £60,000.
10 Other
| Unrestricted | Total | |
|---|---|---|
| funds | ||
| £ | ||
| 2022 | 2021 | |
| Net loss on disposal of tamgible fixed assets | 445 | - |
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CROSBY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
| 11 Tangible fixed assets Freehold land and buildings Plant and equipment Fixtures and fittings Computers £ £ £ £ Cost At 1 April 2021 260,000 8,777 28,136 695 Additions - 1,295 7,317 9,536 Disposals - - - (695) At 31 March 2022 260,000 10,072 35,453 9,536 Depreciation and impairment At 1 April 2021 5,200 2,115 3,721 250 Depreciation charged in the year 5,096 1,376 3,067 344 Eliminated in respect of disposals - - - (250) At 31 March 2022 10,296 3,491 6,788 344 Carrying amount At 31 March 2022 249,704 6,581 28,665 9,192 At 31 March 2021 254,800 6,662 24,415 445 |
Total £ 297,608 18,148 (695) |
|---|---|
| 315,061 | |
| 11,286 9,883 (250) |
|
| 20,919 | |
| 294,142 | |
| 286,322 |
The property has been valued by Grice & Hunter Chartered Surveyors.
12 Stocks
| Finished goods and goods for resale 13 Debtors Amounts falling due within one year: Trade debtors Prepayments and accrued income |
2022 £ - 2022 £ 324 4,742 5,066 |
2021 £ 18 |
|---|---|---|
| 2021 £ - - |
||
| - |
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CROSBY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
14 Creditors: amounts falling due within one year
| Other taxation and social security Trade creditors Accruals and deferred income |
2022 £ 758 2,084 210 3,052 |
2021 £ - 274 242 |
|---|---|---|
| 516 |
15 Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
| Movement | in funds | Movement | in funds | |||
|---|---|---|---|---|---|---|
| Incoming | Resources | Balance at | Incoming | Resources | Balance at | |
| resources | expended 1 April 2021 |
resources | expended | 31 March | ||
| £ | £ | £ | £ | £ | 2022 £ |
|
| Transformation First fund | - | - | - | 140,932 | (29,515) | 111,417 |
| Fresh food | 6,000 | (1,715) | 4,285 | 4,211 | (5,118) | 3,378 |
| Family nights | - | - | - | 350 | (84) | 266 |
| 6,000 | (1,715) | 4,285 | 145,493 | (34,717) | 115,061 | |
| Analysis of net assets between funds | ||||||
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
| funds | funds | funds | funds | |||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | |
| £ | £ | £ | £ | £ | £ | |
| Fund balances at 31 | ||||||
| March 2022 are | ||||||
| represented by: | ||||||
| Tangible assets | 283,697 | 10,445 | 294,142 | 286,322 | - | 286,322 |
| Current assets/(liabilities) | 20,498 | 104,616 | 125,114 | 30,002 | 4,285 | 34,287 |
| 304,195 | 115,061 | 419,256 | 316,324 | 4,285 | 320,609 |
16 Analysis of net assets between funds
17 Related party transactions
There were no disclosable related party transactions during the year (2021 - none).
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